Streamlined & Optimized ERP For Enterprises
Financial Services, Accounting & Insurance
HyperionFlo provides financial institutions with a comprehensive platform to manage both front-office and back-office operations, ensuring greater control, efficiency, and adaptability in a rapidly changing financial landscape.
Financial Management
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General Ledger: HyperionFlo can aid in the management of the firm's general ledger, automating entries for transactions across different departments, branches, and subsidiaries. This ensures real-time updates to the institution's financial position.
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Accounts Payable (AP) and Receivable (AR): HyperionFlo can automate payment and collection processes, tracking outstanding invoices, payment schedules, and customer balances.
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Asset Management: HyperionFlo can track an institution’s assets, including physical assets like buildings and equipment, as well as financial assets such as investments.
Budgeting, Forecasting, and Planning
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HyperionFlo provides modules for budgeting and financial planning. Financial institutions use HyperionFlo to forecast revenues, manage operational costs, and plan capital expenditures. This enables better alignment between strategy and financial performance.
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Scenario Analysis: HyperionFlo enables banks and financial institutions to run scenario analyses to predict the impact of market changes or economic events on profitability and liquidity.
Cost and Profitability Analysis
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HyperionFlo helps financial institutions analyze costs and profitability at different levels, such as branch, product, or customer segment. This helps in identifying the most and least profitable areas of the business and informs strategic decision-making.
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Activity-Based Costing (ABC): HyperionFlo can track specific costs to particular activities or departments, helping the institution manage expenses effectively and allocate resources more efficiently.
Customer Relationship Management (CRM)
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HyperionFlo can be integrated with existing CRM modules to improve customer service and retention. This can help firms manage customer accounts, track interactions, and identify cross-selling or up-selling opportunities.
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Client Onboarding: HyperionFlo can automate the client onboarding process, ensuring compliance with KYC (Know Your Customer) regulations and improving efficiency in handling client data.
Human Resource and Payroll Management
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Firms use HyperionFlo to manage employee data, payroll processing, and performance tracking. The system helps in automating payroll calculations, deductions, and ensuring compliance with labor laws and tax regulations.
Audit and Internal Controls
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Internal Controls: HyperionFlo can help enforce internal controls through automated workflows that require proper authorization for transactions, ensuring accountability, reducing operational risk & the risk of fraud.
Reporting and Analytics
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HyperionFlo provides robust reporting and business intelligence tools, allowing financial institutions to generate detailed financial reports, regulatory filings, and performance dashboards.
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Data Analytics: HyperionFlo analytics modules use data analytics to derive insights from vast amounts of financial data, helping institutions identify trends, opportunities, and risks in real-time.
